School of Business Selects Good Life China (GLCC) as Case Study for Business
Date : 08/07/2008 @ 6:00AM
Source : PR Newswire
Stock : (GLCC)
Quote : 0.0075 0.0005 (7.14%) @ 3:44PM
School of Business Selects Good Life China (GLCC) as Case Study for Business
BEIJING, Aug. 7 /PRNewswire-FirstCall/ -- Good Life China Corporation (Pink Sheets GLCC) is pleased to announce that the School of Business Administration of Chinese People's University has selected Good Life China for case study as part of their business school curriculum.
In a ten year span, the Company has grown from a single store start-up to the largest chain of convenience stores in Hebei Province. The Company has won the respect of the business community as well as academia, with its advanced management concepts, leading edge logistics and Point of Sale technology, standardized management system, and high-quality workforce.
Importantly, the Company is recognized for its major contribution to local market economies. Working with local merchants, the introduction of a new Haorizi (translated as 'Good Life') convenience store brings widespread economic benefits to the local market economy. Farmers have access to a broader selection of goods and services, prices are generally lower, and local merchant partners see a major improvement in sales and profitability.
The Company is also credited with the increased success of manufacturers and suppliers, providing advanced logistics techniques that greatly improve the efficiency and profitability over the distribution techniques normally employed by these manufacturers.
These are vital benefits to the Chinese economy, as it focuses on improving economic conditions in rural areas where the standard of living has not seen the improvements achieved in larger urban centers.
Good Life CEO Dongmei Jia commented; "It is very rewarding to be recognized as a market leader and acknowledged for the achievements we have made to both the local economies where we operate, as well as our supply-side partners. This just serves to underline how well we are positioned to achieve continued accelerated growth as we move forward".
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
CONTACT: , (702) 508-4172, Bailey Assoc, Att: Mark
CONTACT: , (702) 508-4172, Bailey Assoc, Att: Mark
DATASOURCE: Good Life China Corporation
CONTACT: , (702) 508-4172, Bailey Assoc, Att:
Mark
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